Kasz216 said:
It's school oriented in trying to A) Keep up their prestige B) give other schools incentives to improve.
Can you guys not get student loans at all because of your standing, or is it just you can't get free tuition assistance. Do you guys even have free tuition assistance, with all the talk of loans it's been ominiously quiet about that. I mean, I have friends that go to school, not even for anything in particular just because the government pays for them to go to school for free. Quite honestly I could probably get the same arrangement. |
It doesn't really work like from what I'm aware.
Universities are government funded, and so increasing the tuition fees for top universities wont increase their funding as a result.
I believe he government pays the same amount per undergraduate student to each university. It's some where in the region of £12,000 per annum, whether it's Oxford or Wolverhampton. The student (or a sponsor) is required to pay a certain percentage of that amount with the rest being paid for by the government, and the percentage you pay is dependant on the tax bracket that either you or your parents are in.
So funding will remain as it is.
And I don't see raising tuition fees as improving the standard of student that goes as you would alienate a large amount of genuine quality students who would go for cheaper Universities. It would be far better to accept a student based on qualifications as opposed to what their parents earn. Entrance to good Universities already requires hard entrance examinations and more or less perfect results from GCSE level (14 - 16 years old). I think all raising the tuition fees would do is alienate those with the qualifications, but not the money.
I can see a lot of parents being unwilling to fork out £10,000 (or £7000 as experts suggest would be the upper value of what people would pay), even if they fit into the top tax bracket. I know personally that my parents would fit into the top tax bracket, but £10,000 (or £7000) per annum is still a lot of money for them to pay for my education. Instead I can see some parents encouraging their children to go to more affordable universities.
So I think funding would remain the same, and the quality of student would decrease under such a system.
But then again smarter people than me support this idea, so who am I to say really?
...
We can get tuition assistance, which results in free (or very cheap, not sure any more) degrees for poor students as I kind of explained earlier, and you can get maintenance grants of up to £500 part way through the year if you can basically prove that you've been living off 10p packs of noodles and have no potential income from any source.
So a person supported by a rich family basically has to pay thousands of pounds more than a poor student which is the main concern, and would probably be less likely to quality for a maintenance grant. I think the amount you can apply for with a loan may also be government by your parents tax bracket now too.